Mercer County  »  08540  »  University Square Dr  »  1 University Square Dr

University Square - 1 University Square Drive, Princeton, NJ 08540 - Property report

Also known as: 1 University Square Dr

Property image for University Square - 1 University Square Drive, Princeton, NJ 08540
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Property type

Office - General (560)

Acreage

18.515

Sale price

$95,800,000

General information

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Address
Primary address
University Square - 1 University Square Drive
ZIP code
08540
County
Mercer
Block
6
Lot
92.01
Municipality
1113
Qualifier
Parcel ID
6-92.01

Owner

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Sales
Sale date
06/26/2019
Sale price
$95,800,000
Arm's length
Tax
Tax year
2026
Current property tax
$1,311,840
Building
Property type
Office - General (560)
Exterior structural material
Lot
Acreage
18.515
Zoning & Use
Qualified opportunity zone

Area overview

Walk score
17 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
44 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for University Square - 1 University Square Drive, Princeton, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for University Square - 1 University Square Drive, Princeton, NJ 08540

Sale date Sale price Buyer name Seller name
06/26/2019 $95,800,000 XXXXXXXXXXX XXXXX,XXX XX XX%XXXX XX XX XXXXXX, XXX
12/18/1997 $750,000

*Most recent sales on record for this property.

More about Mercer County property records.

Title documents

No recently recorded documents for this property.

Property taxes for University Square - 1 University Square Drive, Princeton, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$1,311,840
Recent tax assessments
Market value
$48,000,000
Land value
$10,649,000
Building value
$37,351,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $48,000,000 $48,000,000 2.733 $1,311,840 -16.08%
2024 $51,000,000 $51,000,000 3.065 $1,563,150 -14.15%
2023 $61,995,000 $61,995,000 2.937 $1,820,793 +1.98%
2022 $61,995,000 $61,995,000 2.88 $1,785,456 +0.84%
2021 $61,995,000 $61,995,000 2.856 $1,770,577 +1.85%
2020 $61,995,000 $61,995,000 2.804 $1,738,340 -8.45%
2019 $68,500,000 $68,500,000 2.772 $1,898,820 +0.95%
2018 $68,500,000 $68,500,000 2.746 $1,881,010 +2.12%
2017 $68,500,000 $68,500,000 2.689 $1,841,965 +2.20%
2016 $68,500,000 $68,500,000 2.631 $1,802,235 +2.37%

Permit information for University Square - 1 University Square Drive, Princeton, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
50,388
Median age
40.6
Average household income
$241,691
Family households
68.8%
People per household (average)
2.55
Occupied housing units
18,609
Owner-occupied units
63.7%
Median year structure built
1986
Median value mortgaged units
$775,200
Median value unmortgaged units
$757,400

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

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Frequently asked questions

What is the market value of University Square - 1 University Square Drive, Princeton, NJ 08540?

The current market value of University Square - 1 University Square Drive, Princeton, NJ 08540 is $48,000,000.

How many active listings does University Square - 1 University Square Drive, Princeton, NJ 08540 have?

This address has 3 active listing(s).

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